Seaborne metallurgical coal prices hit an all-time high of $410/mt CFR China for premium hard coking coal Aug. 25. The previous high was reported at $392.50/mt CFR China on Jan. 20, 2011. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Domestic supply tightness, along with healthy steel demand, have contributed to the rally in the CFR China market, trading sources said. Domestic Chinese coking coal has been in tight supply as mining activities were restricted by the environmental and safety campaigns imposed by local governments across various provinces in the country. “We have been trying to recover from the restrictions which were eased by the government and ramped up our coal production amid a rising market, but so far we have only managed to raise the capacity utilization to around 75%,” a major Chinese miner told Platts, adding that other mines across Shanxi […]